date:Mar 19, 2014
nfirmed the details, which were reported earlier by TheMarker financial newspaper.
The kibbutzim, or collective farms, that are also significant shareholders are still divided over whether they will sell their 23 percent stake in the company, TheMarker said.
The IPO comes as Apax continues talks to sell its stake in Tnuva to China's Bright Food Group Co, the source told Reuters.
Spokeswomen for Tnuva and Apax declined to comment on the report.